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May 2010 Entries

May28

Pick Up a Pickup by Taking Over the Rest of Someone Else's Lease





FEATURED ONLINE MEDIA | By Philip Reed | |

There are all kinds of new wrinkles in the auto industry, thanks to the growing sophistication of the Internet. Case in point: Contractors are taking over the remaining months of someone else's lease to do spring remodeling projects, according to Leasetrader.com. By getting a one- or two-year lease at payments as low as $320 a month, contractors can keep their costs low -- just in case the economy turns sour again. Leasetrader.com, which arranges the transfer of leases from one party...

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May27

Friends Don’t Let Friends Drive Chick Cars





FEATURED ONLINE MEDIA | By Aly Walansky | |

Every guy should know there are just some cars he should never, under any circumstances, sit behind and drive. This goes for most cars made by Toyota or Volkswagen (cars that give off estrogen vibes) and driven by a guy, should get ready to be horribly ridiculed by his buddies. But how embarrassing is it to be called out in public places? My friends at LeaseTrader.com, the nationwide online marketplace for secondary car leases, helped me out with this fun list of the 7 worst places...

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May27

Nissan, others bet on a minivan comeback





FEATURED ONLINE MEDIA | By | |

No one is uttering this prediction too loudly, but the poor old minivan may be priming for a comeback. Four eager competitors--Chrysler Group, Toyota Motor Sales U.S.A., American Honda Motor Co. and Nissan North America--are bringing new-generation vans to market this year and early in 2011. Some indicators suggest consumers are warming to the idea of buying a minivan. At the same time, used-vehicle barometer LeaseTrader.com reports that its demand for minivans on its Web site rose...

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May26

How long does a man or woman honeymoon with their car?





FEATURED ONLINE MEDIA | By Ruth Manuel-Logan | |

Here's a new one--how long does the honeymoon period with regards to a vehicle last for a man or woman? Well, Leasetrader.com has done some serious polling, 2,500 folks to be exact, and came up with a few surprising answers as to which sex loves their cars longer and when the honeymoon phase was officially over. The honeymoon car period goes kaput for men around month four, when they start to park closer to other cars (33%) and begin flinging all of their sports junk into their...

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May25

Finally, inexpensive auto leases making comeback





ONLINE MEDIA | By | |

At long last, it's a good time to lease a car again. That's because a number of factors have been working in consumers' favor to make the leasing market affordable and accessible for the first time since the financial crisis began in late 2008. Just take a look at the deals. At Volkswagen, shoppers can get a three-year lease on a new Jetta for $199 a month with $2,499 at signing. Chevrolet is offering 39-month leases on the Malibu for $199 a month and $2,738 at signing. And Honda is...

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May24

More Parents Asking Kids to Co-Sign for Car Leases See full article from DailyFinance:





FEATURED ONLINE MEDIA | By ZAC BISSONNETTE | |

LeaseTrader.com, an online marketplace where consumers can buy and sell car leases, reports a "28.9 percent increase over the last two years in the number of parents asking their children to co-sign for them when shopping for a Car Lease." The explanation for the trend is fairly obvious: Foreclosures, short sales, and job losses resulting in missed credit card payments have left many Americans with damaged credit -- and they're looking to their kids for help. So here's a little...

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May24

Nissan, others bet on a minivan comeback





FEATURED PRINT COVERAGE | By Lindsay Chappell | |

At the same time, used-vehicle barometer LeaseTrader.com reports that its demand for minivans on its Web site rose 23 percent in April. LeaseTrader arranges lease-swaps for consumers who want to get out of one vehicle and into another before their lease is up. John Sternal, the company's vice president of marketing, says consumers using the service in search of a minivan have been complaining that "crossovers are just too expensive and not practical enough."

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May24

More Parents Using Their Kids' Credit to Get a Car Lease





FEATURED ONLINE MEDIA | By The Home Economist | |

If you're not bothered enough that people were doing this in the first place, take a look at the new numbers. There's been a 28.9 percent increase in the number of parents asking their kids to co-sign for car leases, thanks to stained credit reports that prevent these grown-ups from looking like adults at the signing table, according to LeaseTrader.com. They blame everything from foreclosures to unemployment to tight credit conditions. On average, people who co-sign with kids are...

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May19

More adult children aiding indebted parents





FEATURED ONLINE MEDIA | By Garry Marr | |

Adult children are increasingly being asked to co-sign loans for their credit-strapped parents, says a new study out of Miami. I'm going to take a moment to let my father regain his composure. He and most other parents would probably find the study done by leasetrader.comto be contrary to the general order of the universe. Leasetrader.com,an online marketplace for trading your Car Lease, found a 28.9% increase over the past two years in the percentage of parents asking their children...

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May19

Realizing the honeymoon stage is over





ONLINE MEDIA | By | |

You know the honeymoon’s over when you give your wife money for dinner and ask for the change. Love doctors have spent countless hours calculating the honeymoon stage somewhere between 24 hours and seven years. What’s the honeymoon period on a car? LeaseTrader.com polled roughly 2,500 men and women and received some humorous feedback.

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Full month archive